Mortgage Calculator
Plan your home purchase with confidence. Calculate monthly principal, interest, property taxes, insurance, PMI, and other fees from the exact values you enter.
Mortgage Calculator
Enter exact tax, insurance, PMI, and fee values for the most accurate monthly payment breakdown.
PMI is added only when loan-to-value is above 80%.
Loan Amount
$360,000
Loan-to-Value
80%
Estimated Monthly Payment
$2,275
Principal & Interest$2,275
Property Tax$0
Homeowners Insurance$0
PMI$0
HOA / Other Fees$0
Total Interest
$459,160
Down Payment
$90,000
This calculator uses the standard fixed-rate amortization formula. Taxes, insurance, PMI, and fees are exact monthly conversions of the values you enter; actual bills and lender disclosures control.
Why use a calculator?
Knowing your budget before you start searching is critical in the current NC market. Our calculator helps you understand:
- How much home you can afford
- How down payments affect monthly cost
- The impact of property taxes and insurance
- How PMI changes payments below 20% down
Disclaimer
This calculator is for planning purposes. The math is based on the values entered; actual rates, taxes, insurance, PMI, HOA fees, and closing terms come from your lender, insurer, HOA, county tax office, and final loan disclosures.